Bundaberg Central, Queensland
2388ML - Very Affordable Short Lease Opportunity
SOLD
Business Description
- Owners ready to move on now
- All offers will be considered
- Just under 7 years as of March 2018 on the lease
- Opportunity to greatly increase occupancy current owners have been winding down to retirement
- 11 unit B & B motel in Bundaberg
- Easily run by a couple
- Fantastic exposure on main road
- Inground pool, barbeque area and beautiful gardens
- Large owners accommodation
- Motel is in immaculate condition
- Opportunity to improve occupancy
Net profit $60,092 for 2017/18
Contact Mark Tuck from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2388ML (quote when enquiring)
Location: Bundaberg Qld
Bundaberg is a progressive cosmopolitan city and part of a vibrant diverse region just four hours north of Brisbane. Situated at the southern tip of the Great Barrier Reef, and enjoying the worldâ s most superb climate, Bundaberg is a provincial hub renowned for the friendliness of its residents, its limitless economic opportunities and a genuinely affordable cost of living.
The Bundaberg region is located in the heart of a rich sugar and horticultural belt supported by a growing manufacturing sector. In fact, Bundaberg produces one fifth of Queensland's sugar crop and the city is surrounded by a green sea of rich sugar cane and many farms growing Australia's finest small crops. The city plays a significant role in global manufacture and industry, being home of 'the famous Aussie Spirit', Bundaberg Rum, leading drinks manufacturer Bundaberg Brewed Drinks, diversified agricultural corporation Bundaberg Sugar, and many others of international recognition.
Abundant potential exists for a new wave of investment opportunities, given the close proximity to South East Queensland, and the excellent water, transport and other infrastructure in place. Bundaberg welcomes tourists and residents wishing to raise a family or retire - vast opportunities await you.
Property Code: 1247
Business Summary
Key Investment Insights
1. The owners are motivated to sell and all offers will be considered.
2. The lease still has just under 7 years remaining as of March 2018.
3. There is potential to greatly increase occupancy as the current owners have been winding down to retirement.
4. The motel has 11 units and is easily run by a couple.
5. The property has fantastic exposure on a main road.
6. Features such as an inground pool, barbeque area, and beautiful gardens make the property attractive to potential buyers.
7. The owners' accommodation is large and provides a comfortable living space.
8. The motel is in immaculate condition, making it move-in ready for new owners.
9. There is opportunity to improve occupancy and increase profits.
10. The net profit for 2017/18 was $60,092.
11. The property is located in Bundaberg, a progressive and diverse region with a vibrant economy.
12. Bundaberg is known for its friendly residents, affordable cost of living, and excellent climate.
13. The region is a major producer of sugar and horticultural products, with a growing manufacturing sector.
14. There is potential for new investment opportunities in the area.
15. Bundaberg is a popular tourist destination and a desirable location for families and retirees.
